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EU action against tax havens is inadequate, say MEPs

Criticism prompted by expected removal of Anguilla, Dominica and Seychelles from blacklist

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The Pandora papers’ spotlight on the hidden world of offshore finance shows that EU action to tackle tax havens is inadequate and absurd, lawmakers have said, stepping up criticism of the likely removal of three jurisdictions from the bloc’s blacklist.

MEPs from across the political spectrum criticised the expected removal of Anguilla, Dominica and Seychelles from the EU tax haven blacklist, a decision expected to be rubber stamped by EU finance ministers on Tuesday.

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